Upon completion of this course, participants will be able to:

• Master the concepts, tools, and techniques required to pass the **PMI-RMP® certification exam**.
• Develop a comprehensive **Risk Management Plan** that aligns with organizational risk tolerance and governance.
• Apply advanced techniques for **Risk Identification** (e.g., Delphi, Prompt Lists, Assumption Analysis).
• Conduct both rigorous **Qualitative and Quantitative Risk Analysis** to prioritize and model uncertainty.
• Master the four strategies for threats (**Avoid, Mitigate, Transfer, Accept**) and the four for opportunities.
• Understand the importance of the **Risk Register** and applying risk data to decision-making (e.g., Decision Tree).
• Develop a robust strategy for **Risk Monitoring and Control**, including risk audits and performance metrics.
• Utilize practice questions and mock exams to identify knowledge gaps and boost exam readiness.

• Experienced Project Managers seeking to specialize in Risk Management
• Risk Managers, Risk Analysts, and Risk Officers
• PMO Staff responsible for organizational risk standards and governance
• Program Managers and Portfolio Managers
• Professionals who meet the PMI-RMP® eligibility requirements

• Extensive Practice Questions and Mock Exam Simulations (Full-Length, Timed)
• Group Case Studies: Applying Qualitative and Quantitative Risk Analysis to complex project scenarios
• Individual Exercises: Calculating EMV and interpreting Monte Carlo Simulation results
• Workshop: Developing a comprehensive Risk Response Strategy for a high-impact threat
• Drill Sessions: Focused review of the Risk Management ITTOs and key terminology

Unit 1: Risk Strategy and Planning

• Defining project risk and the purpose of the Risk Management Professional role.
• Developing the comprehensive **Risk Management Plan** (methodology, roles, governance, thresholds).
• Understanding organizational risk attitude, tolerance, and appetite.
• Integrating risk management with overall project, program, and portfolio governance.

Unit 2: Risk Identification and Qualitative Analysis

Foresight and Prioritization
• Mastering advanced techniques for **Risk Identification** (Prompt Lists/RBS, SWOT, Document Review).
• The role and maintenance of the **Risk Register** throughout the project lifecycle.
• Conducting **Qualitative Risk Analysis**: assessing Probability and Impact (P-I Matrix).
• Categorizing and prioritizing risks for further analysis and response planning.

Unit 3: Quantitative Risk Analysis

Modeling and Calculation
• Understanding the inputs, tools, and outputs of **Quantitative Risk Analysis** (when to use it).
• Mastering techniques like **Decision Tree Analysis** and Expected Monetary Value (EMV).
• Interpreting and utilizing outputs from **Monte Carlo Simulation** for schedule and cost risk modeling.
• Conducting sensitivity analysis and determining the impact of risks on project objectives.

Unit 4: Risk Response Planning

Strategy and Action
• Mastering the four strategies for **Threats**: **Avoid, Mitigate, Transfer, Accept**.
• Mastering the four strategies for **Opportunities**: **Exploit, Enhance, Share, Accept**.
• Developing **Contingency Plans, Fallback Plans, and Workarounds**.
• Strategies for establishing and managing **Contingency Reserves** based on risk analysis results.

Unit 5: Monitoring, Control, and Exam Readiness

Oversight and Success
• Techniques for **Risk Monitoring and Control**: risk audits, reserve analysis, and trend analysis.
• The process of identifying residual risks and secondary risks.
• Utilizing risk performance metrics (KPIs) to assess the effectiveness of the risk management process.
• Focused review of the PMI-RMP® exam content and full-length **Mock Exam Simulations**.